| Metric | Q2 2019 | Q1 2019 | Q2 2018 | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue | $2.0B | $2.0B | $2.0B | 2.9% | 1.7% |
| Op. Income | $408M | $393M | $406M | 4.0% | 0.5% |
| Gross Margin | 32.1% | 32.1% | 32.5% | 0.1pp | -0.4pp |
| Net Margin | 14.3% | 13.7% | 14.4% | 0.7pp | -0.1pp |
| EPS (Diluted) | $0.24 | $0.22 | $0.23 | 9.1% | 4.3% |
| Free Cash Flow | $247M | $269M | $186M | -8.2% | 32.9% |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $648M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $239M |
| Other Expenses | $0 |
| Operating Expenses | $239M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $408M |
| Interest Income | $0 |
| Interest Expense | $30M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | $370M |
| Income Tax Expense | $79M |
| Net Income from Continuing Ops | $291M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $288M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $288M |
| D&A | $78M |
| EBIT | $400M |
| EBITDA | $477M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| REVENUE | $2.0B |
| Cost of Revenue | $1.4B |
| GROSS PROFIT | $648M |
| R&D Expenses | $0 |
| Selling & Marketing | $0 |
| General & Administrative | $0 |
| SG&A Expenses | $239M |
| Other Expenses | $0 |
| Operating Expenses | $239M |
| Cost & Expenses | $1.6B |
| OPERATING INCOME | $408M |
| Interest Income | $0 |
| Interest Expense | $30M |
| Other Income/Expenses | -$39M |
| INCOME BEFORE TAX | $370M |
| Income Tax Expense | $79M |
| Net Income from Continuing Ops | $291M |
| Net Income from Discontinued Ops | $0 |
| Other Adjustments | $0 |
| NET INCOME | $288M |
| Net Income Deductions | $0 |
| BOTTOM LINE NET INCOME | $288M |
| D&A | $78M |
| EBIT | $400M |
| EBITDA | $477M |
| EPS | $0 |
| EPS Diluted | $0 |
| Item | Amount |
|---|---|
| Net Income | $288M |
| Depreciation & Amortization | $78M |
| Stock-Based Compensation | $15M |
| Deferred Income Tax | -$23M |
| Other Non-Cash Items | $3M |
| Change in Working Capital | -$39M |
| OPERATING CASH FLOW | $322M |
| Capital Expenditure | -$75M |
| Acquisitions (Net) | -$357M |
| Purchases of Investments | -$14M |
| Sales/Maturities of Investments | $17M |
| Other Investing Activities | $1M |
| NET CASH FROM INVESTING | -$428M |
| Net Debt Issuance | $400M |
| Common Stock Repurchased | -$249M |
| Common Dividends Paid | -$69M |
| Other Financing Activities | $44M |
| NET CASH FROM FINANCING | $127M |
| FREE CASH FLOW | $247M |
| Net Change in Cash | $13M |
| Item | Amount |
|---|---|
| Cash & Equivalents | $982M |
| Short-Term Investments | $15M |
| Net Receivables | $1.7B |
| Inventory | $1.3B |
| Other Current Assets | $265M |
| TOTAL CURRENT ASSETS | $4.2B |
| PP&E (Net) | $1.1B |
| Goodwill | $4.7B |
| Intangible Assets | $736M |
| Long-Term Investments | $0 |
| Tax Assets | $0 |
| Other Non-Current Assets | $97M |
| TOTAL NON-CURRENT ASSETS | $6.4B |
| TOTAL ASSETS | $10.6B |
| Account Payables | $815M |
| Short-Term Debt | $462M |
| Deferred Revenue | $0 |
| Other Current Liabilities | $462M |
| TOTAL CURRENT LIABILITIES | $2.1B |
| Long-Term Debt | $3.6B |
| Deferred Revenue NC | $0 |
| Deferred Tax Liabilities | $238M |
| Other Non-Current Liabilities | $449M |
| TOTAL NON-CURRENT LIABILITIES | $4.4B |
| TOTAL LIABILITIES | $6.4B |
| Common Stock | $300.0K |
| Additional Paid-In Capital | $1.5B |
| Retained Earnings | $3.1B |
| Treasury Stock | -$102M |
| Accum. Other Comp. Income | -$397M |
| Other Equity | $0 |
| TOTAL STOCKHOLDERS' EQUITY | $4.1B |
| Minority Interest | $55M |
| TOTAL EQUITY | $4.2B |
| TOTAL LIABILITIES & EQUITY | $10.6B |
| Total Debt | $4.2B |
| Net Debt | $3.2B |
